bio-bdo

One of the largest chemical companies in Asia, Mitsubishi Chemical Corp. in Japan, has formed a partnership with San Diego, Calif.-based Genomatica, a sustainable chemicals startup, the companies revealed today.
Genomatica converts sugar from corn wet mills, sugar cane and sugar beet — among other sources — into butanediol (BDO), a chemical used to make everything from the plastics… Read More

Genomatica, a San Diego based producer of chemicals from renewable sources including sugar, raised $45 million in a new round led by VantagePoint Venture Partners, a fund that has committed $2.5 billion to cleantech.
Bright Capital, a venture capital company, joined the round as well with Waste Management, a large provider of waste management services in North America, and the… Read More